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'Paranormal Activity 5' Coming Fall 2013 + Latino Spin-Off in Spring

This past weekend, the fourth round of Paranormal Activityeasily won the weekend, but the take was nothing compare to last year's record-setting opening for Paranormal Activity 3 (the franchise seems to be cooling down). However, Deadline reports that's not stopping Paramount Pictures from giving the greenlight to Paranormal Activity 5 which will hit theaters around Halloween in 2013. We're not sure if Henry Joost and Ariel Schulman will come back for the sequel, but it will continue the story of the found footage series. Plus, we have an update on the Latino spin-off that exists in the same universe. More below!

As we learned a couple weeks ago, there's a Latino centric spin-off of the Paranormal Activity franchise on the way. Christopher Landon (Disturbia) will write and direct the film, and if you stick around until the end of the credits of Paranormal Activity 4, a clip highlights a religious paraphernalia shop with a woman saying "This is where it begins," in Spanish. The movie will film partly in Spanish and feature the same demon from the rest of the films. The project is currently untitled, but it will get released in spring 2013.

Apparently the Latino audience for these films is huge, and Paramount is eager to capitalize on that aspect of the box office with this spin-off. But will it be too much? Honestly, as long as audiences keep turning out for the films, Paramount probably doesn't care about that. The first three films have grossed over $576 million worldwide while they only cost a total of $8 million to make. If anything, agitated and tired cinephiles who are done with found footage films like this can take solace in the fact that this will allow Paramount to spend money on films that might not otherwise get any studio support. Thoughts?